Baku, Azerbaijan, Jan.2
By Fatih Karimov - Trend:
The U.S. dollar, which had been sold at 30,150 rials on Monday in Iran's free market, was sold at 29,900 rials today, the Tasnim News Agency reported on Jan. 2.
The euro and the British pound were presented at the prices of 41,000 rials and 49,350 rials, respectively.
Each Bahar-e Azadi gold coin was sold at the price of 8.64 million rials, compared to 8.76 million rials on Monday.
The Bahar-e Azadi Coin is an Iranian limited circulation minted gold coin offered by the Central Bank of Iran.
Iran's national currency, the rial, lost about 50 percent of its foreign exchange value in less than a week in October 2012, standing at 35,500 versus the dollar. It was close to 10,000 in early 2011.
The government has set the 28,500 rials price for the free market but brokers refuse to trade dollars at the mentioned price.